Sam Bankman Fried

Sam Bankman-Fried, who is currently serving a 25-year sentence for the FTX scam, shared his disapproval of the previous Joe Biden administration and expressed sympathy toward President Donald Trump, according to an interview from his prison released Thursday. What Happened: Bankman-Fried...

The alleged murderer of UnitedHealth Group (NYSE:UNH) CEO Brian Thompson has been transferred to the Metropolitan Detention Center in Brooklyn, New York. What Happened: The detention facility is also home to high-profile inmates, including convicted crypto fraudster Sam Bankman-Fried, who is...

Editor’s Note: This story has been updated to include a response from MDC Brooklyn. Rapper Sean Combs, popularly known as “Diddy,” and disgraced cryptocurrency tycoon, Sam Bankman-Fried are now roommates in a Brooklyn jail, a recent report revealed. What Happened: Combs and...

The former executive of the collapsed cryptocurrency exchange FTX, Caroline Ellison, is set to be sentenced on Tuesday for her role in the sensational fraud case. What Happened: Prosecutors have requested a lighter sentence for Ellison, highlighting her “extraordinary cooperation” in...

The troubled cryptocurrency exchange FTX is currently pushing to nullify the value of certain tokens tied to its founder, Sam Bankman-Fried, in an ongoing bankruptcy trial.  What Happened: During a court hearing on March 26, FTX's lawyers asked the bankruptcy judge John Dorsey of Delaware to...

Former FTX CEO Sam Bankman-Fried on Tuesday appealed to a court for a reduced prison sentence, following his conviction for fraud. What Happened: Bankman-Fried’s legal team has submitted a court filing challenging the Presentence Investigation Report (PSR) that recommends a 100-year prison...

Federal prosecutors have decided not to pursue additional criminal charges against Sam Bankman-Fried that were not covered in his previous trial. What Happened: According to a Wall Street Journal report,  in a letter to the U.S. District Judge Lewis Kaplan, Federal Prosecutors on Friday wrote,...

At the University’s debate in Tuscaloosa, Republican candidates spoke about cryptocurrency regulation, Central Bank Digital Currency (CBDC), and its potential dangers.  What Happened: Eliana Johnson of the Washington Free Beacon probed candidate Vivek Ramaswamy regarding his advocacy for...

A jury has found Sam Bankman-Fried, the founder of FTX, guilty of all seven criminal counts pressed against him.  What Happened: Following the verdict, Dogecoin (CRYPTO: DOGE)  co-creator Billy Markus, popularly known as Shibetoshi Nakamoto, took to X and wrote, “pro-tip: ‘...

What Happened: Following the conviction of Sam Bankman-Fried, former CEO of FTX, renowned investor Peter Schiff has called for accountability from the politicians and regulators who he claims were complicit in Bankman-Fried’s fraudulent activities. Schiff, a known critic of Bitcoin (CRYPTO:...

In an amusing turn of events during the Trump Organization’s civil fraud trial, Donald Trump Jr. asked Jane Rosenberg, a courtroom sketch artist, to “make him look sexy”. What Happened: As reported by Reuters, this incident took place during a pause in Trump Jr.’s testimony...

The former Chief Executive Officer of FTX, Sam Bankman-Fried, has been convicted on seven counts of criminal fraud brought against him, as per a recent jury verdict. What Happened: As CNBC disclosed, Bankman-Fried was found guilty on charges including wire fraud, conspiracy to commit wire fraud,...

Prosecutors in the ongoing trial of FTX founder Sam Bankman-Fried have likened defense arguments to a scene from the comedy movie “Dumb and Dumber.” The trial, presided over by Judge Lewis Kaplan in Manhattan, centers on alleged fraudulent activities by the cryptocurrency exchange. The...

Changpeng Zhao, popularly known as CZ, the CEO of Binance, on Friday shared his review of the biography “Elon Musk” authored by Walter Isaacson.  What Happened: Zhao said that "the new Elon Musk book by Walter Isaacson is pretty good." CZ also noted that he and Musk coincidentally...

Bankrupt crypto exchange FTX (CRYPTO: FTT) is back in the news again. The debtors have now initiated legal action against the parents of FTX founder Sam Bankman-Fried, Joseph Bankman and Barbara Fried, claiming that they have skimmed huge sums of money through their involvement in the exchange...